This is not a fanastic day at all for the markets so don't hang everything on NOT just because the annual meeting is over..
There is weakness in gold and oil pricing today draggin on the market..
There is a general drop of near 100 points on the TSX which appears to be fueled by commodities correcting somewhat..
I don't know if the Fed has lowered interest rates more than .25, if not it will only hold the market rather than lift it so I've heard
NOT has great news..just not enough of it yet...partly to blame is equipment (I trust RN when he says this) and partly to blame is weather (again it is heading into winter in the norther fringes of Canada).
Shorters are looking to make cash on weaker hands letting go out of fear..especially from fear mongers and basher types (I'm sure we don't want to visit SH today or we'll all be selling).
Lets keep the chins up...take a licking and feel better when there was no "crash" today. We have adjusted as MJ has stated in the past for the fact imperfection came from the meeting. No doubt this will correct itself as more assays are released.
Anyone want to comment? I would love to hear from the experts on assays how these ones we do have rate. Are they better than expected, notwithstanding a shortage of them being provided.
GLTA NOTties.